A. G. Volney Center Inc.(fka AGVO)

[Renee]

AGVO revoked:

http://www.sec.gov/litigation/admin/2013/34-71110.pdf

[samsamsamiam]

AGVO - SEC suspension
http://www.sec.gov/litigation/suspensions/2013/34-70435.pdf

A.G. Volney Center, Inc. (f/k/a Buddha Steel, Inc.) (AGVO)



SECURITIES EXCHANGE ACT OF 1934
Release No. 70435 / September 18, 2013
The U.S. Securities and Exchange Commission announced the temporary suspension of trading
in the securities of the following issuers, commencing at 9:30 a.m. EDT on September 18, 2013
and terminating at 11:59 p.m. EDT on October 1, 2013:
A.G. Volney Center, Inc. (f/k/a Buddha Steel, Inc.) (AGVO)

The Commission temporarily suspended trading in the securities of the foregoing companies due
to a lack of current and accurate information about the companies because they have not filed
certain periodic reports with the Commission. This order was entered pursuant to Section 12(k)
of the Securities Exchange Act of 1934 (Exchange Act).

[Huggy Bear]

Is anyone out there following this whatsoever? For some odd reason I still find myself intrigued by what is going on here and today I dug all into the shelf filing and prospectus from Nov 22, 2010.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7573148


All kinds of wierd stuff in this one. I have kind of prided myself on being able to snuff out what is really going on with a particular company by decoding all the filings, and I have had some relative success but this one really has me scratching my head. I am also thumping myself on the head as I post this wondering why in the hell am I spending so much time trying to figure it out? For some odd reason it fascinates me, and I can't quite conclude if this is a diamond in the rough or just chasing the dragon pipe dreams for a deep value investor such as myself.

I see one other person has bookmarked this board so perhaps you have been waiting for me to chime in, as I have been waiting to hear your input. Anyway, here is what I am taking away briefly from getting into that 125 page or so S-1 filing and prospectus.

Apparently, AGVO has applied to uplist to the NasdaqGM which is a brilliant move but I don't think they meet one very important requirement, unless there is an exemption I am unaware of. You need to have 400 shareholders of record, but as of Nov 16, 2010 there were only 75.

They have a shelf offering of 2M shares out there, a kind of secondary IPO IMO in the range of 13.50-16.50 per share with a target of issuing 2M more shares at 15.00 and another 300,000 options at the same price. The uplisting to the NasdaqGM hinges upon the successful completion of the shelf offering. Current O/S is 10M.

Executive options on common stock are pegged at 8.50/share, and that has been ongoing since 09 I believe as they take very little in the way of actual salary.

They changed auditors on Apr 27, 2010 and new auditor Friedman LLC has signed off on 2008 and 2009 numbers basically according to appendages, which means that 2010 eps numbers will probably be ratified around 2.30/share which is pretty impressive. And we are looking at roughly 100% growth for both 09 over 08 and now 10 over 09 so who knows how much growth could be occuring in 11.

Then again, I don't know how they can expect to issue 2M more shares at a minimum of 13.50 each when I calculate the current BV to be only about 3.23/share.

The last trade went thru for 1.84 on June 4 2010 from my notes but I forgot to make a note of how large a block. My bad there.

I really don't know what to make of this and I also don't know how to track if they have succeeded at all with this shelf offering until something else is made public. Also, is their anyway to skirt this 400 shareholders on record requirement to get listed on the NasdaqGM? Why in the hell would they waste the 100K or so to try when you only have 75 holders of record as of Nov 16 2010? Seeing all kinds of flags here, red and green. I feel like I'm trying to decipher a Tibetan prayer flag...


malc

[DDhawk]

10M O/S.....

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7322594

[DDhawk]

AGVO is now Buddha Steel Inc (*no longer A.G.Volney)
as confirmed in yesterdays (7/12/10)
OTCBB Daily List & shown on Pinksheets as of 7/13/10.

[$niper]

Um Holy $$$$. Just noticed this one. I wonder if i should get in before or after the split. But look at this.

Buddha Steel had revenues of approximately $276 million in 2009 as compared to $186 million in 2008, an increase of 48%.

Seems like an uplisting will be in order.

[LGL8054]

Joseph Meuse Shareholder in Newly Public Chinese Steel Company

Posted April 30, 2010 4:31PM PST
A Chinese steel maker near Beijing reverse merged into the shell company A.G. Volney Center, giving the shareholders of the new company a stake of about 98.75%.

About 66.4% of Dachang Hui Autonomous County Baosheng Steel Products Co. is owned by an entity controlled by CEO Hongzhong Li. Joseph Meuse, who runs the shell sponsor Belmont Partners, owns a stake of about 7%.
Filing: 8-K

[Stock]

SECURITY ADDITIONS
DL Date Symbol Company Name Effective Date OATS Reportable Flag Comments
12/7/2009 AGVO A. G. Volney Center Inc. Common Stock 12/8/2009 Y

http://www.otcbb.com/asp/dailylist_search.asp?SearchSymbolForm=TRUE&OTCBB=ALL&searchby=symbol&searchfor=agvo&searchwith=Starting

[daretodream]

AGVO — A. G. Volney Center Inc.
Common Stock
Par Value: 0.001



Phone: [phone]


OTC Market Tier
OTCQB
Primary SIC — Industry Classification
5000 - Wholesale-Durable Goods
Business Stage
Development Stage Company
State Of Incorporation
DE
Jurisdiction Of Incorporation
United States
Year Of Incorporation
1997
Company Officers
David F. Stever, Dir., President, CEO, CFO
Samantha M. Ford, Dir., Secretary, Treasurer
John J. Connelly, Dir.

Reporting Standard
U.S. Registered & Reporting: SEC Filer
CIK
0001367777
Fiscal Year End
12/31
Outstanding Shares
17,330,000 as of Sept 30, 2009
Authorized Shares
100,000,000 as of Sept 30, 2009